“To get a sense of how robust demand is for U.S. Treasuries, consider that China has reduced its holdings by about $180 billion and the market barely reacted. Instead, other sources of demand are filling the void. Regulations designed to prevent another financial crisis have caused banks and similar firms to stockpile highly rated assets. Also, mutual funds have been scooping up government debt, flush with cash from savers who are wary of stocks and want an alternative to bank deposits that pay almost nothing. It all adds up to a market in fine fettle as the Federal Reserve moves closer to raising interest rates as soon as next month.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
NSA evidence may be key to Hammarskjold mystery death
How Congress and drug company lobbyists worked to neutralize the DEA
Paris suburb to fight dog poop with closed-circuit television cameras
Have Bitcoin To Burn? Next Stop Could Be The Farm
More countries use Chinese yuan to settle international payments
Idaho, Arizona Schools Go Into Full Prison Mode
Honduras court bans private cities project
Austria, Luxembourg to give up banking secrecy for foreigners
GMO Apples And Potatoes Approved By FDA; Labeling Not Required
When Are Tax Penalties Excessive?
Obama administration renews calls that China currency is undervalued
Colorado Gun Owners Display Blatant Defiance Of New Law
Alaska admits recording jail conversations between lawyers and clients
The powerful countries that are buying up much of the world’s land
Bitcoin among virtual currencies targeted in US crackdown on tax evasion